JKS (JINKOSOLAR HOLDING CO LTD) - POTENTIAL BUY ENTRY
ANALYSIS 🔎
- JKS is consolidating in a major symmetrical triangle pattern.
- Price is retesting the major symmetrical triangle's inclined support.
- Price action is printing a minor ascending triangle pattern at the retest area.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential (bounce off the major symmetrical triangle's inclined support).
BUY ENTRY ⬆️
- Breakout above the minor ascending triangle's horizontal resistance.
TARGET 🎯
- Major symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the minor ascending triangle's inclined support.
- JKS is consolidating in a major symmetrical triangle pattern.
- Price is retesting the major symmetrical triangle's inclined support.
- Price action is printing a minor ascending triangle pattern at the retest area.
- An ascending triangle pattern is a bullish build up pattern.
- There's a breakout potential (bounce off the major symmetrical triangle's inclined support).
BUY ENTRY ⬆️
- Breakout above the minor ascending triangle's horizontal resistance.
TARGET 🎯
- Major symmetrical triangle's inclined resistance.
SETUP INVALIDATION ❌
- Breakdown below the minor ascending triangle's inclined support.
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